Steve Jobs steps down until June for health reasons

http://www.alleyinsider.com/2009/1/apple-trading-halted-for-news-aapl

by larrywright • 18 years ago

21 8 18 years ago

alleyinsider.com

robg2• 18 years ago

And shares drop 10%.

jakewolf• 18 years ago

And are climbing right back up. There's always free money for the taking when people are scared.

robg2• 18 years ago

Are the scared though the majority or minority?

Mystalic• 18 years ago

Godspeed. I wish the best for his family and a speedy recovery.

joe_the_user• 18 years ago

The dependence of Apple share value on Job's health is greater than just about any other company you could name. This is a result of Job's position as both chief executive and chief product tweaker/picker.

Apple has profited tremendously from the powerful, single vision the Jobs has provided to Apple products. But Job's health problems clearly show the downside of the single vision model. Even a benevolent dictator create a power vacuum if he leaves.

kqr2• 18 years ago

How about Warren Buffet at Berkshire Hathaway? He's so closely identified with the success, vision, and discipline of Berkshire Hathaway that the share price would surely suffer if he were reported ill.

baddox• 18 years ago

He's 78...how good could his future health prospects really be?

Steve Jobs steps down until June for health reasons

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